U.S. stock futures slipped early Tuesday as markets enter December on a negative note. Futures on the Nasdaq 100 (NDX), the S&P 500 (SPX), and the Dow Jones Industrial Average (DJIA) were down 0.11%, 0.10%, and 0.08%, respectively, at 3:07 a.m. EST on December 2.
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During Monday’s regular trading, the three major indexes closed lower, marking a sluggish start to what is usually a positive trading month. Weakness in technology stocks and a notable drop in Bitcoin (BTC-USD) prices weighed on overall market sentiment. The Dow Jones fell 0.90%, while the S&P 500 and Nasdaq Composite decreased by 0.53% and 0.38%, respectively.
After the markets closed, shares of MongoDB (MDB) and Credo Technology (CRDO) rallied on the back of solid quarterly earnings beats.
No key economic reports are scheduled for today. On the earnings front, reports from CrowdStrike (CRWD), Marvell Technology (MRVL), Gitlab (GTLB) and Okta (OKTA) are expected.
Notably, the U.S. 10-year Treasury yield was down, floating near 4.08%. WTI crude oil futures were trending higher, hovering near $59.51 per barrel as of the last check. Additionally, the Gold Spot U.S. dollar price decreased to nearly $4,210 per ounce on Tuesday.
Elsewhere, in Europe, markets opened mostly lower on Tuesday as traders struggled to find fresh catalysts.
Asia-Pacific Markets Traded Mixed
Asia-Pacific markets traded mixed on Tuesday amid a wave of regional data.
Hong Kong’s Hang Seng Index rose 0.10%. In China, the Shanghai Composite dropped 0.42%, while the Shenzhen Component fell 0.86%. Meanwhile, Japan’s Nikkei closed flat, and the Topix rose 0.08%.
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